Trade of the week ending 30 August 2024: Profit +$4803
Aug 30, 2024
37 days ago sold 571 contracts Nio (Nio), $3.50 PUT at $0.09, expired 30 August. Total premium profit after fees $4803. This was a an aggressive against the trend trade to pick up Nio shares for $3.50, which only went as low as $3.66 so just kept the premium.
